The California Town Owned by a New York Investment Firm
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Scotia was created, a century and a half ago, so that lumberjacks could live near the trees they cut down. Its current owners have been trying for more than a decade to bring new residents to town.
Michael Waters writes about Scotia, a town created by Pacific Lumber that is now owned by the a Manhattan investment firm Marathon Asset Management.
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Explaining Simon & Schuster's sale to investment firm KKR - Los Angeles Times
![](https://media.newyorker.com/photos/6594713a025d44c0c1b4a6ee/master/w_1600%2Cc_limit/Waters-CompanyTown-11.jpg)
The California Town Owned by a New York Investment Firm
![](https://s.wsj.net/public/resources/images/BF-AG481_MARATH_ER_20131227175006.jpg)
Hedge-Fund Firm That Owns a Town in California - WSJ
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Buying Starter Homes Gets Harder as Wall Street Uses Zillow to Buy Thousands - Bloomberg
![](https://media.newyorker.com/photos/590932c0ebe912338a37196e/master/pass/080107_r16891_p646.jpg)
Mystery on Pearl Street
![](https://communityp.com/wp-content/uploads/2023/06/General-Exterior-WH-Rehab-Groups-1-2-08_05_21-22.jpg)
Home - Community Preservation Corporation
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Pimco Fund Walks Away From 20 Hotels With $240 Million of Debt - BNN Bloomberg
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Michael Waters on X: now, Scotia's creditor is trying to cash out in any way it can the result is that a pretty wild set of people and businesses (ketamine retreats! expensive
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Sequoia's Wealth Business Eyes Credit, Real Estate Investments Ahead of VC Split - Bloomberg
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